https://www.taxtmi.com/caselaws?id=113584 Notification No. 67/97 was treated as clarificatory because the amended wording, read with the Board's circular, merely made explicit what was already implicit in the scheme and did not create a new liability or right. The circular's statement that past recoveries could be regularised supported retrospective operation of the amendment. On that basis, the change was held to be retrospective rather than prospective, and the contrary view was set aside. en-us Thu, 24 Jun 2004 00:00:00 +0530 Sat, 05 May 2012 18:34:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=113584 Notification No. 67/97 was treated as clarificatory because the amended wording, read with the Board's circular, merely made explicit what was already implicit in the scheme and did not create a new liability or right. The circular's statement that past recoveries could be regularised supported retrospective operation of the amendment. On that basis, the change was held to be retrospective rather than prospective, and the contrary view was set aside. Case-Laws Central Excise Thu, 24 Jun 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=113584